Before chosing the corporate form you have to decide whether you create a Branch office or a subsidiary of the parent company.
An extension of a parent company located in another country. It is wholly-owned by the parent company, that is liable for all the debts and obligations of the Belgian branch office. A branch office does not have stocks, shares, a board of directors, or minimum capital requirements.
A company created and capitalized in Belgium by the parent company. It has its own board of directors, is liable for its assets and subject to Belgian law, even if controlled from outside Belgium. A subsidiary can be established as a public stock corporation, limited liability company (LLC), a cooperative, general partnership, sole proprietorship or joint venture. A subsidiary and parent company are considered as separate legal entities.
The most largely used corporate forms are the following ones:
The ‘NV/SA’ format is most often chosen for larger enterprises. This is an anonymous partnership, share company, or joint-stock company, equivalent to public limited company in common law jurisdictions.
Limited Liability company
A ‘bvba/sprl’ structure is attractive for small companies. This is a privately owned company with a limited liability and legal persona.
A cooperative company structure is a flexible corporate form that can be structured for unlimited or limited liability.